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sukhopar [10]
4 years ago
14

Sara has a loan for $1800 at a rate of 16% annually. How much interest will she pay in 4 years?

Mathematics
1 answer:
Svetlanka [38]4 years ago
8 0

Answer:

She will pay $1,152 in four years?

Step-by-step explanation:

16% as a decimal is 0.16

Multiply that by the 1800 to get the interest for one year.

0.16×1800=288

288 is the interest for one year, but you need the amount for four years.

Multiply 288 by 4.

288×4=1152

She will pay $1,152 in four years

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4 0
3 years ago
Read 2 more answers
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DochEvi [55]

Max won't be able to afford the payments.

Since Max found a car he wants to buy that costs $16,000, and he can afford to pay $ 250 a month for the car, and his bank offers him a car loan of 7.3%, and the length of his loan should be about 5 years, to determine if he can afford the payments, the following calculation must be performed:

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Therefore, each monthly payment will be $ 379.28, so Max won't be able to afford the payments.

Learn more about maths in brainly.com/question/25927059

5 0
2 years ago
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joja [24]

Answer:

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Step-by-step explanation:

Price of 20 ounce bottle of mustard for $2.80.

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